Apple full-year profits up 85%

The world's biggest technology company Apple has reported full year results, showing net profit for the year to 25 September at $26b, up 85% from the previous year.

Even that was not enough to satisfy Wall Street, with the shares falling nearly 5% in after-hours trading.

There was some disappointment with the fourth quarter of the year, when no major new products were released.

It is the first set of results since the death of co-founder Steve Jobs.

In the fourth quarter of the year, Apple sold 17.1 million iPhones, which was a 21% increase on the same period last year, and 11.1 million iPads, which was a 166% increase.

But analysts had been expecting iPhone sales of 20 million in the quarter.

Apple said sales were hurt in September by customers waiting for the new version, the iPhone 4S, which was released on 14 October.

It sold four million of the new models in the first three days after launch.

"The numbers came in weak. They need to set records every time they report to keep up the momentum," said Colin Gillis, analyst at BGC Partners.

Apple sold 4.9 million Mac computers in the quarter - up 27% over the same period last year.

Many analysts believe that the company's future remains "uncertain" as core consumer fear of a lack of continuity of innovation, following the death of Jobs, may ultimately lead to the loss of some brand loyalty.

Like most colonial atrocities, German crimes against humanity haunt Namibians

Germany refuses to pay reparations for its crimes in Namibia

In our series of viewpoints from African journalists, film-maker and columnist Farai Sevenzo asks why there are no memorials to those killed in Namibia during German colonial rule.

According to The Namibian newspaper, there was a 2.8% decrease in the number of tourists visiting Namibia last year while some 984,099 visitors had gone through Windhoek airport in the year of Africa's football World Cup in neighbouring South Africa.

When I read these figures, I assumed the slight decrease could only be due to the depressing global economic climate - for anyone who has seen the beauty of this stunning African nation would gladly return there were it not for the cruel fate of the gods of credit, who have ordered the tourists to stay at home instead of travelling to faraway lands.

After all, an elephant in the bush may look better in high definition television.

But as we were reminded in the last week, 107 years before this year's high definition nature programmes, a different kind of visitor had been in South West Africa - as Namibia was known before its independence in 1990 - in search of conquest, not elephants.

Between 1904 and 1908, German occupiers systematically massacred ancestors of the Herero and Nama people for daring to rebel.

Under the leadership of Lieutenant General Lother von Trotha, the rebelling groups were killed or driven into the desert, where thousands died of thirst - all normal practice at the time for conquering armies.

But it was what followed which has cast a century-long shadow over German-Namibian relations.

'Gruesome experiments'

Not content with mere conquest, the Germans placed the survivors in concentration camps, built their colony with slave labour and then shipped off thousands of heads belonging to the dead to Berlin - for the totally barbaric aim of proving the inferiority of the defeated Africans in dubious medical experiments.

Fast forward to free Namibia, which had been demanding the return of these skulls, lost to German storage units.

It is a fact of life that we all value our dead, that the living wish to honour the departed and the ruthless disregard for the humanity of the owners of these heads would weigh heavily on any African.

Much had been written about the parallels of the Namibian genocide with its gruesome experiments surrounding the African dead and the subsequent Nazi holocaust of World War II.

Modern German politicians were quick to offer their regret for the sins of their forefathers and claimed to accept "moral responsibility" for the genocidal crimes of the past.

But no reparations were to be paid to the Herero and Nama descendants of this bloody history.

Instead, the German government says it already pays through development aid and recently announced about $173m (£110m) in aid for 2011-2012.

'Prayer and anguish'

Despite the fact that the Namibian victims of this crime see it as genocide, Germany has never acknowledged it as such and the scars of the past remain fully visible in the present day.

Namibia is not a poor country - fish and beef exports, diamonds and uranium - should be supporting 2.1 million people.

Yet the legacy of German colonialism has left hundreds of thousands without land and German descendants still farm on land that was forcefully taken from the murdered.

It is not difficult to imagine how such a situation may end, particularly as a tiny fraction of the population continues to run the economy and the landless remain without land.

As 20 skulls from the thousands that were taken arrived in Windhoek last Thursday, many voices were raised in prayer and anguish and, Africans being as close to their dead as they imagine their dead are to them, a deep sense of gravitas seemed to overlay proceedings.

But no firm answers were given on the issue of reparations - nor when the Herero and Nama can expect the rest of their ancestors' heads to be returned.

And in present day Namibia, frequented as it is by hundreds of thousands of tourists - German and other kinds - there is no standing memorial to the Namibian dead, no plaque at Luderitz, Swakopmund or Shark Island to mark the sites of German concentration camps or the mass graves of those who died.

Why should such a story matter? For those of us with such short histories, the past is a permanent shadow, forever by our side or right behind us.

Just 27 years before South Africa's Nobel laureate Archbishop Desmond Tutu - 80 last week - was born, a German army commander was issuing orders, in writing, to exterminate Namibians, drive them into the desert and poison the wells.

There are volumes of records in the Windhoek Archives detailing the massacres and recording every death of enslaved laborers.

Of course, there are those who say we must move on, we must close the chapters on tragic histories.

It is our lot on this continent to forever be urged to forget the past when such a past is so near and is as tangible as a four year old's skull in a medical laboratory far from African lands.

No amount of development aid could erase that.

Kercher family remember 'forgotten' daughter

Kercher was murdered in cold blood

By Colleen Barry and Alessandra Rizzo

PERUGIA, Italy — Meredith Kercher would have been 25. The British student would have finished her degree at Leeds University and perhaps been preparing for another Halloween, a day she loved.

Instead, her family awaits an appeals verdict expected Monday against former roommate Amanda Knox, of Seattle, who was convicted along with her Italian ex-boyfriend of murdering Kercher in 2007.

Kercher's killing has spawned one of Italy's most sensational and closely watched trials. Yet to her family's frustration, Kercher has been eclipsed in the public's eye by the 24-year-old Knox, as supporters of the photogenic American mount a high-profile campaign to free her.

By contrast, Kercher's family has chosen to remain largely silent during the years of trial and appeal, quietly honoring her memory on the Nov. 1 anniversary of her death and her birthday on Dec. 28. But they are growing increasingly agitated as the appeal verdict approaches.

In one of the few TV interviews they have granted, Kercher's sister Stephanie and mother Arline said attention should focus on justice for the victim, not Knox or her ex-boyfriend Raffaele Sollecito, who is also appealing his conviction alongside Knox.

"In this whole case — going on four years — Meredith has been forgotten," Stephanie Kercher said in a recorded interview on RAI public television this month.

"The attention has completely moved from Meredith to Amanda and Raffaele," she said. "She was lovely, kind and we lost her."

On her last Halloween, one day before her death, Meredith dressed as a vampire. Photographs, some of the last of her life, show her smiling brightly with red lipstick, a high-collared cape wrapped around her neck.

The young student fought hard for approval from her university to study in the charming medieval town of Perugia, arriving in September 2007. She was excited to have found a room with a view of the Umbrian landscape, court records show. She shared the apartment with two young Italian women and Knox, who moved in around the same time.

Kercher made friends fast, testimony in the first trial shows. Within weeks, she had a small group of British girlfriends with whom she went dancing or watched films, and she had started dating a young Italian living downstairs. Giacomo Silenzi has said they fell in love quickly, and has been left to wonder what the future might have held had she not been killed.

On the last night of her life, she ate pizza and apple crumble with a small group of friends, watched a movie and went home alone around 9 p.m., according to court testimony.

Meredith was 21 when she was found the afternoon of Nov. 2 sprawled naked on the floor of her locked bedroom, throat slashed, body covered in a blanket.

Prosecutors claim that she was murdered when a drug-fueled sexual encounter with the two defendants and a third man went awry. Rudy Guede, an Ivorian who lived in Perugia from age 5, is serving a 16-year sentence for his role in the murder.

Knox was sentenced to 26 years, Sollecito to 25. All three proclaim innocence.

Meredith's father John Kercher, a freelance journalist, has said he refused to view her body, so he could remember as she was in life.

"I had last seen her a couple of weeks before, when she flew home to buy winter clothes. We met for a coffee and she showed me some boots she had bought," John Kercher wrote in the Britain's Daily Mirror tabloid. "I want that to be the one memory of my daughter I hold in my mind forever."

She was the baby of the family, with three older siblings — two brothers and a sister.

She loved ballet and gymnastics, and had an orange belt in karate. She wrote poetry and stories. People remembered her as being warm and generous, full of hugs, lending class notes to anyone who asked, and always rushing to help anyone who needed it.

After arriving in Perugia, she kept a cell phone with a British number to stay in close contact with her mother, who was in poor health.

Only one vice is ever mentioned. "She was always late, always running," her mother Arline said on the RAI TV interview. "She was a girl full of life. She loved music, she loved to dance. She was full of joy in her heart."

The degree the quietly studious Kercher would have been awarded in 2009 was granted posthumously. It was accepted by her sister Stephanie to a standing ovation at Leeds.

During rebuttals on Friday, the Kerchers' lawyer, Francesco Maresca, urged the jury to "confirm the truth" in front of the victim's mother, sister and a brother, who would make the journey to Italy for the verdict.

"You will look Meredith's family in the eyes only once," Maresca said. "They could not always be here in court due to the mother's health problems and siblings' economic problems."

In fact, he said, they had trouble finding airline tickets for the verdict, which the lawyer contrasted with reports that the Knox family had a private jet ready to whisk the American student out of the country in the case of a not guilty finding. Knox's family has denied the existence of such a plan.

Earlier, prosecutor Giuliano Mignini said acquitting Knox would mean forever losing a chance at justice.

"We know what an acquittal means — a swift escape abroad," he told the appeals court. "Escape we could no longer remedy."

The prosecution detailed DNA evidence and other circumstantial clues as they had their last chance to talk to the jury.

While they cling to their memories, the Kercher family says it will continue to fight for justice — even as it delays their own process of healing.

The Kerchers have no doubts about whether Knox is guilty — and express rage that she's garnering most of the attention.

"As a journalist myself, I know the reason why. Knox is young, attractive and female. To many, she seems an unlikely killer," John Kercher wrote in The Daily Mail tabloid in December as the appeals trial got under way. "Yet to my family she is, unequivocally, culpable."

Source: AP News

Kindle Fire vs iPad

AP Photo: Amazon's Kindle Fire

A look at some of the major differences between Amazon's just-announced tablet computer, the Kindle Fire, and Apple's populariPad:

Price: The Kindle Fire, which connects to the Web over Wi-Fi networks, will cost $199 when it begins selling on Nov. 15. The iPad costs $499-$829, depending on storage capacity and its wireless capabilities.

Screen size: The Kindle Fire's display measures 7 inches at the diagonal, while the iPad has a 9.7-inch display.

Software: The Kindle Fire runs Google Inc.'s Android software. The iPad uses Apple's iOS software.

Storage: The Kindle Fire includes 8 gigabytes of internal storage, and free web-based storage for any digital content you get from Amazon, such as Kindle e-books, movies or music. The iPad includes between 16 gigabytes and 64 GB of storage space, depending on price.

Thickness: The Kindle Fire is 0.45 inches thick; the iPad is 0.34 inches thick.

Weight: The Kindle Fire tips the scales at 14.6 ounces — slightly less than a pound — while the iPad weighs about 1.3 pounds.

Apps: Kindle Fire users will have built-in access to the Amazon Appstore, which includes thousands of free and paid games and apps. Apple currently offers more than 425,000 free and paid games and apps in its online App Store — more than 100,000 of which are tailored specifically for the iPad — including apps for Amazon.com and the Kindle.

Camera: While the iPad has front and rear cameras for taking photos and video chatting, the Kindle Fire does not include a camera.

Featured Technology: AMR/AMI Technologies for the Utilities Space

Image Courtesy: iFusionIT

 iFusionIT, LLC, a Bellevue, Washington based multinational technology company, has launched itself into building applications and expertise in the Utilities domain with the launch of three customer funded projects in the space of AMR/AMI technologies. ZCON (Zero Consumption), ReX Relationship Exceptions) are built as part of the MPA (Meter Performance Analytics) initiative and the last one being the TAT (Technology Assessment Tool).

On many occasions a meter transmitting read over the network could go faulty and report NO USAGE or sometimes a perfect meter reports NO USAGE. Utilities spend huge amount of resources, and money to investigate such meters. Most of the time such meters are either seasonal (Ex: Agriculture Meters), Vacation Homes and many other possible situations. ZCON (Zero Consumption) is a .NET, WCF, WPF based application with Oracle and SQL Server as the backend.

The system tracks every meter reporting zero usage using batch, real-time interfaces and a web front-end from the start to finish (meters start consuming or are replaced). This tool has allowed our clients to have visibility, monitor all ZERO CONSUMPTION meters and allowed for proper tracking of every meter reporting ZERO CONSUMPTION.

Built using latest Microsoft Technologies, this tool enhances the user’s ability to report vintage dates and resolution of meters. Reporting features were built using SSRS and SSIS to report on different categories and irregular use codes. Various levels of reports from operations to Analytical Reports were custom built. The data structures and design is architected to produce auto tracking and progression of meters over a period of time from a NEW and UNKNOWN category to a Service Order Creation and resolution of the meter.

The middle tier Web services focused to provide smooth integration between various systems within the organization is built on a solid foundation from Microsoft’s WCF platform. Webservice’s defined and developed follow CIM compliance models with a message envelope and a Payload. These web services are built as listeners and provide data outputs and data validations for various systems integrating within ZCON called the ReX (Relationship Experience) modules. The services connect to SQL and Oracle databases with calls to stored procedures and functions to display customer history, customer power usage patterns and seasonal analysis. Our later version will include Silverlight features and a complete SSIS integration into the current software design.

The System exposes 20 services to add meter exceptions, to add events, to add new exceptions and admin functionality.


For more information about iFusionIT, LLC and its technological initiatives, you may contact them at Contactus@ifusionit.com .


Source: iFusionIT.com

Amazon's tablet to seriously challenge Apple's iPad

Amazon.com Inc, which revolutionized reading with its Kindle e-reader, is expected to unveil a tablet computer this week that analysts say will seriously challenge Apple's market dominating iPad.

Amazon on Friday invited media to a press conference to be held in New York on Wednesday, declining to provide further details.

But analysts were confident that the world's largest Internet retailer will introduce its long-awaited tablet computer this year to expand in mobile commerce and sell more digital goods and services.

"Wednesday is tablet day," BGC partners analyst Colin Gillis told Reuters.

The tablet has been awaited as a strong competitor to Apple Inc's iPad. Apple has sold about 29 million of the devices since its launch in April 2010.

"The real issue here is that, you know, it is likely going to be good for consumers; is this going to be good for shareholders?," Gillis said. He wondered whether Amazon would price the tablet below those of rivals -- and thereby do little to boost margins.

"Knowing Amazon, it is likely to be a very aggressive price," Gillis said.

In much the same way Amazon's Kindle e-reader was priced low to quickly get traction among readers the company is likely to keep the price of its tablet low to attract users and sell other content and services, one analyst said.

"It's a marketing tool to build a relationship with customers and sell them cloud (computing) services," said James McQuivey, an analyst with Forrester Research.

While Amazon has remained tight lipped even about the device's existence, the TechCrunch blog earlier this month said the Amazon tablet also will be called Kindle.

It will be a 7 inch device with a full color, touch screen, run on Google's Android software and cost $250, the blog said, well below the price of the least expensive iPad.

Robert Baird & Co analyst Colin Sebastian said in a note last month than an Amazon tablet would be a "game-changer." Sebastian forecast the device could sell 3 million units in its first year.

The tablet could pose a major threat to Apple because of the Kindle's popularity and the movie and music services Amazon sells.

Forrester's McQuivey said the device also takes aim at Barnes & Noble Inc's NookColor device, which hit the market last year and features tablet functionalities.

Several technology companies like Research In Motion and Samsung have introduced tablets that sold poorly. Hewlett Packard Co announced recently it would abandon its tablet.

Amazon shares finished the day up 0.2 percent at $223.61 on Friday on Nasdaq. The stock had traded as low as $219.06, but rallied as invitations to the media event began arriving.

Source: Reuters

Saudi King okays women to vote... but still can't drive

JEDDAH - Saudi Arabia's king announced on Sunday women would be given the right to vote and stand in elections, a bold shift in the ultra-conservative absolute monarchy as pressure for social and democratic reform sweeps the Middle East.

It was by far the biggest change in Saudi Arabia's tightly-controlled society yet ordered by the 88-year-old Abdullah bin Abdulaziz al-Saud, who took power six years ago with a reformer's reputation but has ruled as a cautious conservative.

In practice, the measure will do little to change how the country is run: Saudi Arabia's rulers allow elections only for half of the seats on municipal councils which have few powers. Only men will vote at the next elections which will take place next week; women will be allowed to vote in 2015.

The king did not address broader issues of women's rights in a country where women are not allowed to drive and require a male relative's permission to work or leave the country.

But the announcement was hailed by liberals and activists who said it raised hopes that other demands for greater democratic and social rights might one day be met.

"This is great news," said Saudi writer and women's rights activist Wajeha al-Huwaider. "Women's voices will finally be heard. Now it is time to remove other barriers like not allowing women to drive cars and not being able to function, to live a normal life without male guardians."

In his five-minute speech, Abdullah said women would be permitted join the unelected advisory Shura Council, which vets legislation although it has no binding powers.

"Because we refuse to marginalize women in society in all roles that comply with sharia (Islamic law), we have decided, after deliberation with our senior ulama (clerics) and others... to involve women in the Shura Council as members, starting from the next term," he said.

"Women will be able to run as candidates in the municipal election and will even have a right to vote."

In a country where even cautious change is bitterly opposed by conservative clerics and some members of the ruling family, women's rights have drawn scrutiny at home and from abroad.

Washington, Saudi Arabia's ally, praised the measures, saying they offered women "new ways to participate in the decisions that affect their lives and communities."

"The announcements made today represent an important step forward in expanding the rights of women in Saudi Arabia," said a White House statement. "We support King Abdullah and the people of Saudi Arabia as they undertake these and other reforms."

Robert Lacey, author of two books about the kingdom, described the change as the first positive response to a pent-up demand for reform that has begun to emerge in Saudi Arabia as popular democracy movements spread elsewhere in the Middle East.

During the Arab Spring pro-democracy protests, Saudi activists called for demonstrations, but only tiny numbers of people responded by taking to the streets, apart from members of the Shi'ite minority in the country's Eastern Province.

Saudi Arabia responded by barring demonstrations and by announcing nearly $130 billion in social spending in March.

"This is the first positive, progressive speech out of the government since the Arab Spring," said Lacey. "First the warnings, then the payments, now the beginnings of solid reform."

The king did not address broader issues of women's social rights, such as the ban on issuing driving licenses to women, which prompted small protests this summer by women who defied the authorities and drove.

Women in Saudi Arabia must also have written approval from a male guardian -- a father, husband, brother or son -- to leave the country, work or even undergo certain medical operations.

In 2002, the Saudi religious police shocked the nation and the world when they prevented schoolgirls from evacuating a burning building because they were not wearing full Islamic attire. Fifteen died.

King Abdullah has earned a reputation as a cautious reformer since he started to run the kingdom as de facto regent during the illness of his predecessor, King Fahd.

He built a new university for students of both sexes and encouraged women to participate more in the labor market. But he did little to alter the political system, which placed absolute power in the hands of a single generation of brothers since his father, state founder Abdulaziz, died in 1953.

After entering the Shura Council chamber leaning heavily on a cane on Sunday, Abdullah read only a section of a prepared statement that was later released in full by the authorities.

Tarek Fadaak, a member of the Shura Council and former chairman of the Jeddah city council, said: "The royal decision will not be challenged... but what remains to be seen is how these directives will be applied."

Naila Attar, who organized a campaign for women to be allowed to participate in the municipal council elections, said the move marked the beginning of progress.

"Despite the issue of the effectiveness of these councils, women's involvement in them was necessary. Maybe after women join there will be other changes," she said. "It is the top of the pyramid and a step in the direction for more decisions regarding women."



Source: Reuters

Nigeria to abstain in Palestine UN vote

Nigeria's President G. Ebele Jonathan, has said that the West African nation will abstain from the United Nations Security Council vote on Palestinian statehood. This decision represents a diplomatic success for Israel who want to prevent a Palestinian state attaining UN membership.

The office of the Isreali Defense Minister, Ehud Barak made this known to the press yesterday. According to Barak, Jonathan’s decision followed a meeting that was held in New York. Before the meeting, Nigeria was one of the Security Council members who was against passing the resolution, but was yet to take a decision on how to vote.

Barak had earlier updated his Prime Minister Binyamin Netanyahu of his plan to meet with Jonathan as well as United States government officials who were also working against the Palestinian Authority’s statehood bid from passing in the Security Council.

The office further revealed that the meeting was held last week, adding that they also discuss other pressing matters, regarding the wave of international terrorism, which, the two countries worked out modalities on how to tackle.

The United States has the veto power to over rule whatever decision taken in respect of the passing, and has made it clear that it will not hesitate to make use of it as they also are against the bid.

The Security Council members that are against Palestine's UN membership are are the U.S, Germany and Colombia while China,India, Lebanon, Russia, and South Africa are in favour.

Early hours of yesterday revealed that many of the Security Council member states were still confused about the vote, includingGabon who made it known yesterday they are yet to make a decision.


Source: Daily Times of Nigeria

A war on Africa

Touted as part of a war of liberation, NATOs intervention in Libya aims to stymie moves to strengthen African unity and independence, writes Dan Glazebrook from London....

Africa the key to global economic growth: this was a refreshingly honest recent headline from the Washington Post, but hardly one that qualifies as news. African labour and resources, as any decent economic historian will tell you, have been the key to global economic growth for centuries.

When the Europeans discovered America 500 years ago, their economic system went viral. Increasingly, European powers realised that the balance of power at home would be dictated by the strength they were able to draw from their colonies abroad. Imperialism (aka capitalism) has been the fundamental hallmark of the worlds economic structure ever since.

For Africa, this has meant non-stop subjection to an increasingly systematic plunder of people and resources that has been unrelenting to this day. First was the brutal kidnapping of tens of millions of Africans to replace the indigenous American workforce that had been wiped out by the Europeans. The slave trade was devastating for African economies, which were rarely able to withstand the population collapse; but the capital it created for plantation owners in the Caribbean laid the foundations for Europes industrial revolution.

Throughout the 18th and 19th centuries, as more and more precious raw materials were found in Africa (especially tin, rubber, gold and silver), the theft of land and resources ultimately resulted in the so-called Scramble for Africa of the 1870s, when, over the course of a few years, Europeans divided up the entire continent (with the exception of Ethiopia) amongst themselves. By this point, the worlds economy was increasingly becoming an integrated whole, with Africa continuing to provide the basis for European industrial development as Africans were stripped of their land and forced down gold mines and onto rubber plantations.

After World War II, the European powers, weakened by years of unremitting industrial slaughter of each other, contrived to adapt colonialism to the new conditions in which they found themselves. As national liberation movements grew in strength, the European powers confronted a new economic reality the cost of subduing the restless natives was starting to near the level of wealth they were able to extract from them.

Their favoured solution was what former Ghanaian president Kwame Nkrumah termed neo-colonialism handing over the formal attributes of political sovereignty to a trusted bunch of hand-picked cronies who would allow the economic exploitation of their countries to continue unabated. In other words, the idea was to adapt colonialism so that Africans themselves would be forced to shoulder the burden and cost of policing their own populations.

In practice, it wasnt that simple. All across Asia, Africa and Latin America, mass movements began to demand control of their own resources, and in many places these movements managed to gain power sometimes through guerrilla struggle, sometimes through the ballot box. This led to vicious wars by the European powers now under the leadership of their upstart protégé, the USA to destroy such movements. This struggle, not the so- called Cold War, is what defined the history of post-war international relations.

So far, neo-colonialism has largely been a successful project for the Europeans and the US. Africas role as a provider of cheap, often slave, labour and minerals has largely continued unabated. Poverty and disunity have been the essential ingredients that have allowed this exploitation to continue. However, both are now under serious threat.

Chinese investment in Africa over the past ten years has been building up African industry and infrastructure in a way that may begin to tackle the continents poverty. In China, these policies have brought about unprecedented reductions in poverty and have helped to lift the country into the position it will shortly hold as the worlds leading economic power. If Africa follows this model, or anything like it, the Wests 500-year plunder of Africas wealth may be nearing a close.

To prevent this threat of African development, the Europeans and the USA have responded in the only way they know how militarily. Four years ago, the US set up a new command and control centre for the military subjugation of Africa, called AFRICOM. The problem for the US was that no African country wanted to host them; indeed, until very recently, Africa was unique in being the only continent in the world without a US military base. And this fact is in no small part thanks to the efforts of the Libyan government.

Before Gaddafis revolution deposed the British-backed King Idris in 1969, Libya had hosted one of the worlds biggest US airbases, the Wheelus Air Base; but within a year of the revolution, it had been closed down and all foreign military personnel expelled.

More recently, Gaddafi had been actively working to scupper AFRICOM. African governments that were offered money by the US to host a base were typically offered double by Gaddafi to refuse it, and in 2008 this ad hoc opposition crystallised in a formal rejection of AFRICOM by the African Union (AU).

Perhaps even more worrying for US and European domination of the continent were the huge resources that Gaddafi was channelling into African development. The Libyan government was by far the largest investor in Africas first-ever satellite, launched in 2007, which freed Africa from $500 million per year in payments to European satellite companies.

Even worse for the colonial powers, Libya had allocated $30 billion for the African Unions three big financial projects, aimed at ending African dependence on western finance. The African Investment Bank, with its headquarters in Libya, was to invest in African development without charging interest, which would have seriously threatened the International Monetary Funds domination of Africa a crucial pillar for keeping Africa in its impoverished position.

Gaddafi was also leading the AUs development of a new gold-backed African currency, which would have cut yet another of the strings that keep Africa at the mercy of the West, with $42 billion already allocated to this project again, much of it by Libya.

NATOs war is aimed at ending Libyas trajectory as a socialist, anti- imperialist, pan-Africanist nation in the forefront of moves to strengthen African unity and independence. The rebels have made clear their virulent racism from the very start of their insurrection, rounding up or executing thousands of black African workers and students. All the African development funds for the projects described above have been frozen by the NATO countries and are to be handed over to their hand-picked buddies in the rebel National Transitional Council (NTC) to spend instead on weapons to facilitate their war.

For Africa, the war is far from over. The African continent must recognise that NATOs lashing out is a sign of desperation, of impotence, of its inability to stop the inevitable rise of Africa onto the world stage. Africa must learn lessons from Libya, continue the drive towards pan-African unity, and continue to resist AFRICOM. Plenty of Libyans will still be with them when they do so.

Source: Al-Ahram Weekly

Carol Bartz finally resigns from Yahoo board of directors

Carol Bartz, whose role as Yahoo CEO ended abruptly last Tuesday, has resigned from the Yahoo board.

Having been abruptly ousted from the position she had held for less than three years, Bartz had initially stated that she would not step down from the Yahoo board, but now she seems to have changed her mind.... and rightly so.

There is no question in the minds of many neutral industry watchers that Bartz was treated unfairly (she was more graphic in her own assessment).

After all, we are talking about the same Yahoo board that blew a Microsoft acquisition deal of $40+ billion dollars.

That was obviously not Carol Bartz's fault and the fact that the same incompetent board has now set-up an "Executive Leadership Council" to replace Bartz, again shows the board itself ought to be fired.

As would be the norm, in terms of making sound business sense, a succession mechanism should have been in place to ensure a smooth transition, as we've seen with the likes of Microsoft, Google and Apple, more recently.

Yahoo has indeed become a dinosaur in its space and the bitter truth may indeed surface sooner rather than later.... that Carol Bartz was not the problem.

In closing, I only have one small issue with Bartz; she should have taken the high road as her behavior in the after-math of her firing, may have doomed her career as a Chief Executive in the industry.

But then again, you never know.